The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (NASDAQ:CGABL) Announces Quarterly Dividend of $0.29

The Carlyle Group Inc. 4.625% Subordinated Notes due 2061 (NASDAQ:CGABL) announced a quarterly dividend on Monday, November 9th. Shareholders of record on Monday, February 1st will be given a dividend of $0.2891 per share on Monday, February 15th. This represents a $1.16 annualized dividend and a yield of 8.0%. The ex-dividend date of this dividend is Monday, February 1st.

Carlyle Group Inc. 4.625% Subordinated Notes due 2061 Stock Performance

Carlyle Group Inc. 4.625% Subordinated Notes due 2061 stock traded down $0.26 during trading hours on Tuesday, hitting $14.44. 17,742 shares of the stock traded hands, compared to its average volume of 26,954. Carlyle Group Inc. 4.625% Subordinated Notes due 2061 has a one year low of $14.40 and a one year high of $18.08. The firm’s 50-day moving average price is $15.43 and its two-hundred day moving average price is $16.51.

Carlyle Group Inc. 4.625% Subordinated Notes due 2061 Company Profile

Carlyle Group Inc is a global alternative asset manager that invests on behalf of institutional and individual investors. Its strategies include private equity, credit, and real assets, as well as investment solutions that provide access to portfolios of private-market funds.

Founded in Washington, DC, in 1987, Carlyle has expanded its operations internationally and serves investors and businesses across multiple regions. The firm’s investment activities span a range of industries and markets.

CGABL represents Carlyle Group Inc 4.625% subordinated notes due 2061, rather than shares of the company’s common stock.